4022 E Portland Street

    Phoenix, AZ 85008
    • $629,000
    • STATUS: Active
    • ON SITE: 82 days
    • MLS #: 5958606
    UPDATED: 68 min ago
    $629,000
    • 8
      BEDS
    • 0.18
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,144
      SQFT
    • $200
      $/SQFT
    Neighborhood:
    Type:
    Condo
    Built:
    1962
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    The Portland 8 apartments offers an investor the opportunity to acquire an 8 unit,workforce housing apartment community that was built in 1963 and significant ''valueadd'' potential. The property is individually metered, extensively xeriscaped and hassingle story units with all electric kitchens. The units have individual hot water heaters, washer/dryer hookups,individual outside storage, security front screen doors and private gated front patios.CurrentAchieved Rent2 Bed/1 Bath $997Proforma$95,712 Income$8,400 Exp$87,312 NOIThe Portland 8 is ideally located and surrounded by numerous job generators.Phoenix Sky Harbor International Airport is approximately 2 miles due south.

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    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Laughton Team | My Home Group. Data last updated 2019-10-21T21:11:12.177.
    www.myphoenixhomesearch.com/homes/97427492

    4022 E Portland Street Phoenix, AZ 85008

    • Price: $629,000
    • Status: Active
    • Updated: 68 min ago
    • MLS #: 5958606
    8
    Beds
    4
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,144
    SQFT
    $200
    $/SQFT
    1962
    Built
    Neighborhood:
    Whispering Palms
    County:
    Maricopa
    Area:
    Phoenix
    Elementary School:
    Balsz Elementary School
    Middle School:
    Balsz Elementary School
    High School:
    Camelback High School
    School District:
    031 - Balsz Elementary District
    Property Description
    The Portland 8 apartments offers an investor the opportunity to acquire an 8 unit,workforce housing apartment community that was built in 1963 and significant ''valueadd'' potential. The property is individually metered, extensively xeriscaped and hassingle story units with all electric kitchens. The units have individual hot water heaters, washer/dryer hookups,individual outside storage, security front screen doors and private gated front patios.CurrentAchieved Rent2 Bed/1 Bath $997Proforma$95,712 Income$8,400 Exp$87,312 NOIThe Portland 8 is ideally located and surrounded by numerous job generators.Phoenix Sky Harbor International Airport is approximately 2 miles due south.
    Exterior Features

    Building Style 2-3-4 Plex Carport Spaces 0.00 Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Dwelling Styles Attached Fencing Block Garage Spaces 0.00 Landscaping Gravel/Stone Back Pool Private No Pool Roofing Comp Shingle Slab Parking Spaces 4.00 Spa None

    Interior Features

    Basement YN No Bedrooms Plus 8.00 Cooling Refrigeration Dining Area Eat-In Kitchen Fireplace No Fireplace Flooring Tile Heating Electric Heat Interior Levels 1 Kitchen Features Range/Oven Elec Laundry Wshr/Dry Hookup Only Master Bathroom Full Bth Master Bdrm Separate Den Office No Sq Ft Range 3001 - 3500

    Property Features

    Assoc Rules Info Not Managed Association Fee Incl No Fees Builder Name Portland 8 Cap Imprv Impact Fee 0 Dwelling Type Apartment Style/Flat Hoa YN N Horses N Land Lease Fee YN No New Financing Cash Ownership Fee Simple Pad Fee YN No Rec Center N Sewer Sewer - Public Source Lot Sq Ft County Assessor Source Sq Ft County Assessor Special Listing Conditions N/A Tax Municipality Maricopa - County Tax Year 2018 Taxes 844.00 Total Monthly Fee Equiv 0.00 Utilities Aps Water City Water

    Listing courtesy of Lee & Associates.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Laughton Team | My Home Group. Data last updated 2019-10-21T21:11:12.177.
     
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